it's not only theUSA ....
the talking heads on TV tell us that most all the world's oil tankers are filling up on crude....
and are just sitting offshore with a full load of crude...
waiting for the price to go up to find out their destination.
wow
[edit on 14-1-2009 by St Udio]
Oil prices tumble with US inventories bulging, page 1
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Topic started on 14-1-2009 @ 01:51 PM by mrmonsoon
Yahoo news
Oil is under $40/barrel and yet gas prices have risen to $2.00/gallon.
This is after the production cuts urged by Russia/Iran and chavez.
Light, sweet crude for February delivery fell more than 4 percent, or $1.56 per barrel, to $36.22 a barrel on the New York Mercantile Exchange after trading as high as $39.45.
Yahoo news
Oil is under $40/barrel and yet gas prices have risen to $2.00/gallon.
This is after the production cuts urged by Russia/Iran and chavez.
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